How Many Residents Must an Area Have to Petition the County

question 31

Multiple Choice

How many residents must an area have to petition the county judge for an incorporation election?

• A) 200
• B) 500
• C) 1,000
• D) 2,000

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Definitions:

Net Income

The total profit of a company after all expenses and taxes have been deducted from revenue, indicative of the company's profitability.

Net Profit

The amount of money that remains from revenues after all operating expenses, taxes, and costs have been subtracted.

Profit Difference

The financial disparity that occurs when the revenues earned by a business exceed or fall short of its expenses.

Incoming Cash

Money that is received by a business or individual, originating from various sources like sales, investments, loans, or other income.